Tax Credit - Virginia

http://film.virginia.org/incentives/incentives.aspx
Most of the expenses incurred in the purchase of production-related supplies or equipment is exempt from the state’s 5% sales and use tax. This exemption is realized at the time of purchase and can be obtained by simply submitting a form to the merchant at the time of purchase. No paperwork needs to be filed upon completion of production and no rebates will be sent at the end of the tax year. The exemption is received immediately.
Listed below are some of the major items covered by the Sales and Use Tax Exemption:

Developing film including movie film
Transporting charges that are separately stated
Hotel and motel rooms that are occupied by a guest for 90 or more consecutive days
Repair services for which a separate charge is made
Camera film
Materials used to construct costumes
Materials used to construct props and scenery
Equipment rentals
Design supplies
Heating and Air conditioning used on the set
Scripts
Musical scores
Storyboards
Tapes
Drafting and art tables and supplies.

HOTEL TAX EXEMPTIONS

State Sales Tax Exemption

After 90 days, those staying in a Virginia hotel or motel will be exempt from paying the state's 5% sales tax on the entire stay. You will pay the taxes to the hotel until your stay exceeds 90 days. After that time, you will no longer be charged state sales tax and the amount you have already paid will be credited back to your hotel or motel bill.

Lodging Taxes

Many counties and cities in Virginia charge an additional lodging tax, often referred to as a transient occupancy tax, and the laws governing these taxes vary greatly by locality. As a general rule, however, most localities will exempt residents of hotels and motels from the tax after a stay of 30 days or more.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for sample film budget!